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DEFIPERP

🚀This Time Is DifferentThe post-traumatic stress caused by the great Bear Market of 2018 may be still vivid in crypto investors' minds. The fear of buying the top is so intense for many traders that they see every dip around a new all-time high with great prudence. That is not a bad thing per-se. Risk management is one of the main pillars of trading. Taking profits from time to time helps to balance the overall risk of the portfolio, and, in some cases, it makes a lot of sense. A few weeks ago, we called for a period of uncertainty, and it actually led to a broad market correction. Bitcoin keeps struggling with breaking the $60,000 level, and it may take a while before we see a clear breakout. Meanwhile, Altcoins show resilience on each dip, proving that the demand is still there. Binance calculates a DeFi index using ten large-cap coins, and its chart looks undoubtedly bullish. The index is consolidating above an inverse head & shoulder right below the all-time high. As long as the red horizontal level holds, the chances are that the market experiences a new strong leg up at any time. From the macro point of view, the crypto market looks as solid as it ever has been. In 2017, the only blockchain with real use was Ethereum. And it was used mainly to pour money into ICOs with no working products. Today, everything is different as billions worth of transactions daily provide real utility for those using decentralized protocols. Liquidity providers, oracles, exchanges, lending, NFTs can still add fuel to this Bull Market.
Long
by Coinrule
RVN up only, 1 USD targetTargets and invalidation in chart Super turbo mode. Triggers: EIP1559 to get voted in June, expectation to a switch from ETH's miners to RVN's > increase in hash power > increase in security > increase in price Reversal in RVNBTC pair, PD in RVNUSDT pair, PERPs listed. Nice development from the team USD's ATH breakout and following price discovery 6B mktcap soon, 10B next I don't think it will go straight to the point, but I guess we will see it reaching 1$ sooner or later.
BINANCE:RVNUSDLong
by BiO-618
1
Wanna Buy some Defi coins? Watch this!Just saw this crazy chart! "DEFI-PERP tracks the price of a basket of Decentralized Finance coins, using a weighed average of the prices of KNC, MKR , ZRX, REN, REP, SNX , COMP, TOMO , RUNE, CRV , DOT, LINK, MTA , SOL, CREAM, BAND, SRM , SUSHI, SWRV, AVAX, YFI , UNI , WNXM, AAVE, BAL. Get exposure to 25 different coins with one future!" This chart actually indicates the price movement of Defi Coins. This can be very useful if you want to buy Defi coins. As we can see on the chart, the weighed average of the prices of 25 defi coins has been forming a bigger symmetrical triangle. We should watch for a break to the upside. that will be a good time to buy DEFI Coins. Follow me for daily profitable trading setups BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
FTX:DEFIPERP
by MBM_Crypto
1
Flamingo DEFI on the NEO network is about to explodeFlamingo DEFI ($FLM) has only been up 350% as an ATH since its low based on www.coingecko.com Most solid DEFI coins like LINK, CURVE, LUNA, SUSHI and others have risen over 10,000% so $FLM has so much more room to grow. It is currently attempting to break a major resistance which has crossed it a few times in the past few days and is about to follow the rest of the ALT boom and especially the DEFI boom. Another main coin that has not done its true upward move is NEO! NEO has reached an ATH of $200 in the 2017/2018 Crypto hype and it is now trading less than $50! FLM runs on the NEO network and NEO has recently done a major Testnet upgrade: coinmarketcap.com This chart shows that FLM is about to explode way above $2.00 :
Long
by stayfulfilled
High percentage play for $DEFIPERP on FTX.DEFIPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
FTX:DEFIPERPLong
by dark_sunsets
DeFi Index Perpetual FuturesLooks like a wave 5 . We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
FTX:DEFIPERP
by CryptoTrend-Alerts
3
DEFI Index - bullish continuationDeFi has been the hot topic of this bull run but in the past days as the market tanked DeFi followed showing that it is still deeply connected to the trend set by BTC. As most of the other assets it also shows potential to continue its upward run in the next days, the upward trend started in January hasn't been broken and the index seem to fluctuate mostly in the range between 2300 and 1880, as was doing before its peak. this phase can be seen as a consolidation phase after which it could once again challenge the resistance at 2600, if this attempt is going to be successful will be highly dependent on the moves of BTC that still have to lead the charge. Looking at the volume is evident how after a huge sell off it underwent a steep decrease possibly highlighting uncertainty in the traders.
Long
by BurningStacks
1